Business Oil & Gas Top Story

Nigeria to amend petroleum industry law to extend petrol subsidies

Reading Time: 2 minutes Nigeria’s government plans to amend the newly-signed Petroleum Industry Act to ask the National Assembly for an 18-month extension to keep its long-standing regime of subsidising imported petrol, its junior oil minister said on Tuesday. The law signed by President Muhammadu Buhari last August contains a provision for the elimination of fuel subsidies within six Read More…